Homebuyer affordability declined in August with the national median payment applied for by purchase applicants increasing to $2,170 from 2,162 in July according to the Mortgage Bankers Association’s Purchase Applications Payment Index.
Tag: mortgage payment to income ratio
MBA: Mortgage Application Payments Increased Slightly to $2,170 in August
Homebuyer affordability declined in August with the national median payment applied for by purchase applicants increasing to $2,170 from 2,162 in July according to the Mortgage Bankers Association’s Purchase Applications Payment Index.